IONA UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- IONA UNIVERSITY (EIN 13-3508093)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-12
- IRS object ID
- 202241329349304869
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-12T14:01:20-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 485 Lexington Avenue Floor 11 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133508093 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Iona College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IONA | BusinessNameControlTxt |
| Phone | 9146332483 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 North Avenue McSpedon Hall | AddressLine1Txt |
| City | New Rochelle | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 108011809 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANNE MARIE SCHETTINI-LYNCH | PersonNm |
| Person Title | SVP OF FIN & ADMINISTRATION | PersonTitleTxt |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANNE MARIE | PersonFirstNm |
| Person Last | SCHETTINI-LYNCH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicole Bencik | PreparerPersonNm |
| PTIN | P00756195 | PTIN |
| Phone | 2125725500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR SEAMUS CAREY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 North Avenue McSpedon Hall | AddressLine1Txt |
| City | New Rochelle | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 108011809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $305,443,037 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.IONA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | IONA COLLEGE IS A CATHOLIC COLLEGE COMPRISED OF A DIVERSE COMMUNITY OF LEARNERS & SCHOLARS DEDICATED TO ACADEMIC EXCELLENCE IN THE TRADITION OF THE CHRISTIAN BROTHERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 1607 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | -$43,609 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,210,130 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,174,131 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $143,579,738 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $144,147,163 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,134,124 | PYInvestmentIncomeAmt |
| CY Investment Income | $42,907 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,898,365 | PYOtherRevenueAmt |
| CY Other Revenue | $1,338,998 | CYOtherRevenueAmt |
| PY Total Revenue | $158,822,357 | PYTotalRevenueAmt |
| CY Total Revenue | $164,703,199 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,796,184 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $57,097,202 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $63,758,890 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $62,519,785 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $51,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $41,400 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,204,610 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,722,279 | PYOtherExpensesAmt |
| CY Other Expenses | $43,312,206 | CYOtherExpensesAmt |
| PY Total Expenses | $161,328,353 | PYTotalExpensesAmt |
| CY Total Expenses | $162,970,593 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,505,996 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,732,606 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $387,967,528 | TotalAssetsBOYAmt |
| Total Assets EOY | $425,606,322 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $116,970,593 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $108,884,614 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $270,996,935 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $316,721,708 | NetAssetsOrFundBalancesEOYAmt |
| Mission | IONA COLLEGE IS A CARING ACADEMIC COMMUNITY, INSPIRED BY THE LEGACY OF BLESSED EDMUND RICE AND THE CHRISTIAN BROTHERS, WHICH EMBODIES OPPORTUNITY, JUSTICE, AND THE LIBERATING POWER OF EDUCATION. IONA COLLEGE'S PURPOSE IS TO FOSTER INTELLECTUAL INQUIRY, COMMUNITY ENGAGEMENT AND AN APPRECIATION FOR DIVERSITY. IN THE TRADITION OF AMERICAN CATHOLIC HIGHER EDUCATION, IONA COLLEGE COMMITS ITS ENERGIES AND RESOURCES TO THE DEVELOPMENT OF GRADUATES RECOGNIZED FOR THEIR ETHICS, CREATIVITY AND PROBLEM-SOLVING ABILITIES, THEIR INDEPENDENT AND ADAPTABLE THINKING; THEIR JOY IN LIFELONG LEARNING; AND THEIR ENDURING INTEGRATION OF MIND, BODY AND SPIRIT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $90,382,380 | ExpenseAmt |
| Grant | $57,097,202 | GrantAmt |
| Revenue | $126,775,886 | RevenueAmt |
| Desc | FOUNDED BY THE CONGREGATION OF CHRISTIAN BROTHERS IN 1940, IONA COLLEGE IS CHARTERED BY THE STATE OF NEW YORK AND FULLY ACCREDITED BY THE FEDERAL DEPARTMENT OF EDUCATION APPROVED REGIONAL ACCREDITOR, THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES (CHE-MSA) TO OFFER CREDIT-BEARING COURSEWORK TOWARDS DEGREES AND REGISTERED CERTIFICATES AT THE UNDERGRADUATE AND GRADUATE LEVELS. IN ADDITION TO CHE-MSA, IONA'S ACADEMIC PROGRAMS HOLD MULTIPLE PROFESSIONAL AND SPECIAL ACCREDITATIONS FROM INDEPENDENT ACCREDITING BODIES INCLUDING THE ACCREDITING COUNCIL ON EDUCATION IN JOURNALISM & MASS COMMUNICATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION/COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION, AND THE AMERICAN CHEMICAL SOCIETY AMONG OTHERS. THE SCHOOL OF BUSINESS IS ACCREDITED BY AACSB INTERNATIONAL - A HIGHLY ACCLAIMED DISTINCTION AWARDED TO JUST 5% OF BUSINESS SCHOOLS WORLDWIDE. THE SPEECH LANGUAGE PATHOLOGY PROGRAM IS ACCREDITED BY THE COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY. IONA'S MAIN CAMPUS IS LOCATED ON 43 ACRES IN NEW ROCHELLE (WESTCHESTER COUNTY), NEW YORK, 20 MILES NORTH OF MIDTOWN MANHATTAN. IONA'S STUDENT BODY IS COMPRISED OF 3,178 UNDERGRADUATE STUDENTS AND 614 GRADUATE STUDENTS WITH A WIDE VARIETY OF UNDERGRADUATE AND GRADUATE DEGREES IN THE SCHOOL OF ARTS AND SCIENCE AND SCHOOL OF BUSINESS. IN RECENT YEARS, THE IONA COMMUNITY HAS FOCUSED ON ADVANCING STUDENT DISTINCTION, ELEVATING THE IONA EXPERIENCE, ENHANCING ACADEMIC DISTINCTION, GROWING INFRASTRUCTURE, ADVANCING AFFORDABILITY, AND RAISING NECESSARY RESOURCES. MUCH SUCCESS HAS BEEN REALIZED INCLUDING ENHANCED ACADEMIC OFFERINGS AND INTERNATIONAL PROGRAMS, LAUNCH OF ACADEMIC CENTERS AND INSTITUTES, RECORD SCHOLARSHIPS AWARDED, GROWTH TO THE ENDOWMENT OF OVER 100%, AND AN INCREASE TO CAMPUS LAND HOLDINGS OF 30%. IONA COLLEGE OFFERS A VIBRANT EXPERIENCE FOR STUDENTS WITH STUDENT CLUBS, ORGANIZATIONS, AND GROUPS ON CAMPUS, AND AN NCAA DIVISION I ATHLETICS PROGRAM WITH 21 VARSITY TEAMS. THE SCHOOL OF ARTS AND SCIENCE AND THE SCHOOL OF BUSINESS SUPPORT THE MISSION OF IONA COLLEGE THROUGH A COMMITMENT TO FOSTERING ACADEMIC EXCELLENCE AND INTELLECTUAL INQUIRY IN THE LIBERAL ARTS TRADITION. THE SCHOOLS EMBRACE THE VALUES OF A STUDENT-CENTERED INSTITUTION ROOTED IN A RELIGIOUS TRADITION INCLUDING PURSUIT OF KNOWLEDGE AND TRUTH, DEVOTION TO INTEGRITY, DIVERSITY, AND FREEDOM OF INQUIRY; OPENNESS TO CHANGE, INNOVATION, AND ENTREPRENEURSHIP; APPRECIATION FOR DATA-INFORMED, OUTCOMES-ORIENTED PRACTICES THAT PROMOTE INTERNAL COLLABORATION AND EXTERNAL COMPETITIVENESS; COMMITMENT TO COMPASSION, TRANSPARENT DECISION-MAKING, AND ACCOUNTABILITY AND DEDICATION TO RESPONSIBLE STEWARDSHIP OF HUMAN, PHYSICAL, FINANCIAL, AND ENVIRONMENTAL RESOURCES. WITH 19 ACADEMIC DEPARTMENTS, THE SCHOOL OF ARTS AND SCIENCE OFFERS MORE THAN 40 BACHELOR OF ARTS (BA), BACHELOR OF SCIENCE (BS) AND MORE THAN 15 MASTER'S DEGREES, AS WELL AS SEVERAL NON-DEGREE CERTIFICATE PROGRAMS. THE SCHOOL OF BUSINESS, OFFERS THE BACHELOR OF BUSINESS ADMINISTRATION (BBA) DEGREE IN 7 CONCENTRATIONS AND 6 MINORS, THE MASTER OF BUSINESS ADMINISTRATION (MBA) DEGREE IN 5 DIFFERENT MAJOR CONCENTRATIONS, 2 MASTER OF SCIENCE (MS) DEGREES IN FAST-GROWING AREAS SUCH AS FINANCE AND PUBLIC ACCOUNTING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $32,671,841 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $889,998 | RevenueAmt |
| Desc | STUDENT SERVICES - OTHER ACADEMIC AND STUDENT SUPPORT ACTIVITIES ARE PROVIDED FOR ENROLLED STUDENTS AND IN SUPPORT OF FACULTY SCHOLARSHIP CONSISTENT WITH STANDARDS ESTABLISHED BY THE NEW YORK STATE EDUCATION DEPARTMENT, THE COMMISSION OF HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES AND BEST PRACTICES IN AMERICAN HIGHER EDUCATION. THESE INCLUDE FULLY STAFFED AND OPERATIONAL LIBRARIES, A CAREER DEVELOPMENT CENTER, COUNSELING CENTER, HEALTH SERVICES CENTER, IT SUPPORT CENTER, FACULTY TRAINING CENTER, TUTORING AND ACADEMIC SUPPORT CENTER CAMPUS MINISTRIES OFFICE, ATHLETICS DEPARTMENT, AND STUDENT DEVELOPMENT OFFICE SERVICING CLUBS, STUDENT GOVERNMENT, STUDENT MEDIA AND STUDENT RECREATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $18,293,510 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $16,410,442 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES - IONA COLLEGE PROVIDE ANCILLARY AUXILIARY SERVICES TO BOTH ITS STUDENT POPULATION AND ITS EMPLOYEE BASE IN AN EFFORT TO SUPPORT ITS EDUCATIONAL MISSION: 1) RESIDENTIAL SERVICES - AS PART OF THE STUDENT EXPERIENCE, IONA COLLEGE OFFERS ON-CAMPUS RESIDENCE HALL HOUSING AND RELATED SERVICES. THE PRIMARY GOAL OF IONA'S RESIDENTIAL LIFE PROGRAM IS TO PROVIDE A SAFE, SECURE AND COMFORTABLE ENVIRONMENT WHERE ACADEMIC SUCCESS, AS WELL AS THE SOCIAL, EMOTIONAL, SPIRITUAL, PHYSICAL AND CULTURAL DEVELOPMENT OF EACH RESIDENT, IS FACILITATED. 2) BOOKSTORE - THE COLLEGE HAS AN ON-CAMPUS BOOKSTORE WHERE STUDENTS CAN PURCHASE TEXTBOOKS, STUDY AIDS, ELECTRONICS, SOFTWARE, STATIONERY AND RELATED HARD GOODS. 3) FOOD SERVICE/CAFETERIA - THE COLLEGE HAS AN ON-CAMPUS CAFETERIA THAT IS COMMITTED TO PROVIDING QUALITY AND NUTRITIOUS FOOD WITH EXCEPTIONAL SERVICE. RESIDENT STUDENTS AND COMMUTERS MAY PARTICIPATE IN THE FULL MEAL PLAN OFFERED AT IONA COLLEGE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $141,347,731 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5116 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1607 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANNE MARIE SCHETTINI-LYNCH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9146332468 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 NORTH AVE MCSPEDON HALL | AddressLine1Txt |
| City | NEW ROCHELLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10801 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DR SEAMUS CAREY | |||||||
| PRESIDENT | 65.0 | Yes (X) | Yes (X) | $637,778 | $0 | $49,223 | |
| JAMES P HYNES | |||||||
| BOARD VICE CHAIR | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PATRICK C DUNICAN JR | |||||||
| BOARD CHAIR | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREW DOLCE | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| ARMANDO C RODRIGUEZ JR | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| BARTLEY F LIVOLSI | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN M WALSH | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| C PATRICK O'DONNELL JR | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES W SCHOENHERR | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID P BROWN | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| ERIC L ROBINSON | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| GABRIELLE GAMBRELL | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| INGRID THOMPSON-SELLERS | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JOANN MAZZELLA MURPHY | |||||||
| TRUSTEE (UNTIL 12/21/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN C JUDGE | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SEITZ | |||||||
| TRUSTEE (AS OF 12/9/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN A HURLIE | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN GRIFFITH | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE I WILLS | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| LINDA M BRUNO | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET TIMONEY | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL DOHENY | |||||||
| TRUSTEE (AS OF 12/9/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL P HEGARTY | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| PETER J RIPP | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| PHILLIP N MAISANO | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND J VERCRUYSSE | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT V LAPENTA | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| RONALD M DEFEO | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN V REITANO | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| TRISTA RIVERA | |||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| ANNE MARIE SCHETTINI-LYNCH | |||||||
| SVP OF FIN & ADMINISTRATION | 65.0 | Yes (X) | $628,596 | $0 | $21,214 | ||
| DARRELL WHEELER | |||||||
| PROVOST & SVP ACADEMIC AFFAIRS | 50.0 | Yes (X) | $344,817 | $0 | $36,523 | ||
| KATHLEEN MCELROY | |||||||
| GENERAL COUNSEL | 60.0 | Yes (X) | $229,265 | $0 | $22,767 | ||
| MARY ELLEN CALLAGHAN | |||||||
| VP OF STRATEGIC INITIATIVES & BOARD SECRETARY | 50.0 | Yes (X) | $234,456 | $0 | $27,058 | ||
| KEVIN OSULLIVAN | |||||||
| VICE PRESIDENT OF ENROLLMENT MANAGEMENT | 40.0 | $256,794 | $0 | $35,397 | Yes (X) | ||
| PAUL SUTERA | |||||||
| SVP ADVANCEMENT & EXTERNAL AFF | 50.0 | $286,763 | $0 | $57,449 | Yes (X) | ||
| RICHARD PITINO | |||||||
| MEN'S BASKETBALL COACH | 50.0 | $578,616 | $0 | $33,681 | Yes (X) | ||
| TIMOTHY CLUESS | |||||||
| MEN'S BASKETBALL COACH | 50.0 | $527,979 | $0 | $24,341 | Yes (X) | ||
| VINCENT CALLUZZO | |||||||
| PROFESSOR | 40.0 | $239,436 | $0 | $24,941 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,964,500 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $332,594 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 117 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Pavarini | ||||||
| 585 West Putnam Avenue | Greenwich | CT | 069055571 | Construction | $5,565,741 | |
| Chartwells Dining Services | ||||||
| c/o Bank of America Illinois | Chicago | IL | 606931337 | Food Services | $2,720,848 | 91337 Collections Dr |
| Abilene Inc | ||||||
| 2402 Neptune Avenue | Brooklyn | NY | 11224 | Boiler Room Installation & Service | $450,793 | |
| Mirage Diner | ||||||
| 690 North Avenue | New Rochelle | NY | 10801 | Food Services | $402,441 | |
| Northeast Properties | ||||||
| Box 111 Wykagyl | New Rochelle | NY | 10804 | Rental Service | $401,009 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $801,255 | FundraisingAmt |
| Government Grants | $6,078,251 | GovernmentGrantsAmt |
| All Other Contributions | $12,294,625 | AllOtherContributionsAmt |
| Noncash Contributions | $4,136,838 | NoncashContributionsAmt |
| Total Contributions | $19,174,131 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | $126,775,886 | $126,775,886 | |
| ROOM & BOARD (& OTHER STUDENT CHARGES) | 611710 | $16,410,442 | $16,410,442 | |
| CAFETERIA | 611710 | $829,739 | $829,739 | |
| BOOKSTORE | 611710 | $113,103 | $113,103 | |
| VENDING COMMISSIONS | 611710 | $17,993 | $17,993 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $144,147,163 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,907 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$44,459 | UnrelatedBusinessRevenueAmt |
| Exclusion | $87,366 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $510,198 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $510,198 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $510,198 | TotalRevenueColumnAmt |
| Exclusion | $510,198 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $140,574,860 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $140,574,860 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $102,930 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $801,255 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $164,978 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$62,048 | TotalRevenueColumnAmt |
| Exclusion | -$62,048 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NCAA DISTRIBUTION | 611710 | $331,473 | $331,473 |
| ATHLETICS MARKETING | 611710 | $126,041 | $126,041 |
| ROOM FEES | 611710 | $86,445 | $86,445 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $346,889 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $346,039 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $850 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $890,848 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $164,703,199 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $144,076,326 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$43,609 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,496,351 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,097,202 | TotalAmt |
| Program Services | $57,097,202 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,000,250 | TotalAmt |
| Program Services | $346,396 | ProgramServicesAmt |
| Management And General | $1,653,854 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,816,109 | TotalAmt |
| Program Services | $39,134,199 | ProgramServicesAmt |
| Management And General | $5,583,969 | ManagementAndGeneralAmt |
| Fundraising | $1,097,941 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,515,434 | TotalAmt |
| Program Services | $2,076,922 | ProgramServicesAmt |
| Management And General | $380,754 | ManagementAndGeneralAmt |
| Fundraising | $57,758 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,779,717 | TotalAmt |
| Program Services | $7,249,160 | ProgramServicesAmt |
| Management And General | $1,328,960 | ManagementAndGeneralAmt |
| Fundraising | $201,597 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,408,275 | TotalAmt |
| Program Services | $2,814,115 | ProgramServicesAmt |
| Management And General | $515,900 | ManagementAndGeneralAmt |
| Fundraising | $78,260 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,654 | TotalAmt |
| Management And General | $104,654 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,528 | TotalAmt |
| Management And General | $187,528 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,400 | TotalAmt |
| Fundraising | $41,400 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,512 | TotalAmt |
| Management And General | $45,512 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,554,312 | TotalAmt |
| Program Services | $1,912,454 | ProgramServicesAmt |
| Management And General | $3,165,751 | ManagementAndGeneralAmt |
| Fundraising | $476,107 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,925,013 | TotalAmt |
| Program Services | $1,557,999 | ProgramServicesAmt |
| Management And General | $115,467 | ManagementAndGeneralAmt |
| Fundraising | $251,547 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $910,929 | TotalAmt |
| Program Services | $748,329 | ProgramServicesAmt |
| Management And General | $162,600 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,952,231 | TotalAmt |
| Program Services | $1,603,757 | ProgramServicesAmt |
| Management And General | $348,474 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,673,075 | TotalAmt |
| Program Services | $2,195,930 | ProgramServicesAmt |
| Management And General | $477,145 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,169,344 | TotalAmt |
| Program Services | $960,616 | ProgramServicesAmt |
| Management And General | $208,728 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,940 | TotalAmt |
| Program Services | $77,993 | ProgramServicesAmt |
| Management And General | $16,947 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,654,417 | TotalAmt |
| Program Services | $3,002,102 | ProgramServicesAmt |
| Management And General | $652,315 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,650,706 | TotalAmt |
| Program Services | $7,106,552 | ProgramServicesAmt |
| Management And General | $1,544,154 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,563,784 | TotalAmt |
| Program Services | $1,284,648 | ProgramServicesAmt |
| Management And General | $279,136 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD SERVICES | $5,273,545 | $4,332,215 | $941,330 |
| OTHER ATHLETIC EXPENSES | $1,121,668 | $921,450 | $200,218 |
| STUDENT ACTIVITIES | $485,905 | $399,171 | $86,734 |
| PROFESSIONAL DUES & TRAINING | $354,799 | $291,467 | $63,332 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,589,844 | TotalAmt |
| Program Services | $6,235,054 | ProgramServicesAmt |
| Management And General | $1,354,790 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,970,593 | TotalAmt |
| Program Services | $141,347,731 | ProgramServicesAmt |
| Management And General | $19,418,252 | ManagementAndGeneralAmt |
| Fundraising | $2,204,610 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,300 | BOYAmt |
| EOY | $6,279 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,949,746 | BOYAmt |
| EOY | $31,209,830 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,262,966 | BOYAmt |
| EOY | $7,787,725 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,316,982 | BOYAmt |
| EOY | $3,885,769 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $549,070 | BOYAmt |
| EOY | $32,271 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,278,979 | BOYAmt |
| EOY | $2,998,917 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $286,260,477 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $114,678,511 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,181,260 | BOYAmt |
| EOY | $171,581,966 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,755,655 | BOYAmt |
| EOY | $4,689,438 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,661,863 | BOYAmt |
| EOY | $202,649,191 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,002,707 | BOYAmt |
| EOY | $764,936 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,967,528 | BOYAmt |
| EOY | $425,606,322 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,688,598 | BOYAmt |
| EOY | $13,232,150 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,628,266 | BOYAmt |
| EOY | $3,178,427 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,482,372 | BOYAmt |
| EOY | $71,000,157 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,427,033 | BOYAmt |
| EOY | $13,129,880 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,744,324 | BOYAmt |
| EOY | $8,344,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,970,593 | BOYAmt |
| EOY | $108,884,614 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,203,744 | BOYAmt |
| EOY | $249,682,557 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,793,191 | BOYAmt |
| EOY | $67,039,151 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,996,935 | BOYAmt |
| EOY | $316,721,708 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,967,528 | BOYAmt |
| EOY | $425,606,322 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,732,606 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $43,226,122 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $45 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $766,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,710,189 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,839,848 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,022,616 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,210,130 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,277,061 | CurrentTaxYearAmt |
| Total | $79,059,844 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,710,189 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,839,848 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,022,616 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,210,130 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,277,061 | CurrentTaxYearAmt |
| Total | $79,059,844 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $16,163,546 | SubstantialContributorsTotAmt |
| Public Support Total170 | $62,896,298 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,725,122 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,367,324 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,060,391 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,503,387 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $553,105 | CurrentTaxYearAmt |
| Total | $9,209,329 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $422,848 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $485,820 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $417,827 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $129,055 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $1,455,550 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $219,831 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $240,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,799 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $854,378 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $90,579,101 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $541,063,233 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.6944 | PublicSupportCY170Pct |
| Public Support PY170 | 0.5386 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I SCHEDULE A, PART I | IONA COLLEGE OPERATES AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) BUT ALSO QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(VI) TO ALLOW ITSELF TO UTILIZE THE SPECIAL RULE FOR 501(C)(3) ORGANIZATIONS ON FORM 990, SCHEDULE B. |
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 219831.0, COLUMN B - 240148.0, COLUMN C - 272799.0, COLUMN D - 121600.0, COLUMN E - , COLUMN F - 854378.0; |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $100,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Educational Instruction | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $162,713,043 | BeginningYearBalanceAmt |
| Contributions | $7,028,044 | ContributionsAmt |
| Investment Earnings Or Losses | $42,685,189 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,049,324 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $45,512 | AdministrativeExpensesAmt |
| End Year Balance | $206,331,440 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $159,938,009 | BeginningYearBalanceAmt |
| Contributions | $5,830,944 | ContributionsAmt |
| Investment Earnings Or Losses | $2,510,934 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,401,275 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $165,569 | AdministrativeExpensesAmt |
| End Year Balance | $162,713,043 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $143,741,343 | BeginningYearBalanceAmt |
| Contributions | $8,118,305 | ContributionsAmt |
| Investment Earnings Or Losses | $11,622,837 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,384,534 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $159,942 | AdministrativeExpensesAmt |
| End Year Balance | $159,938,009 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $130,845,536 | BeginningYearBalanceAmt |
| Contributions | $7,938,632 | ContributionsAmt |
| Investment Earnings Or Losses | $9,773,420 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,616,151 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $200,094 | AdministrativeExpensesAmt |
| End Year Balance | $143,741,343 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $116,405,592 | BeginningYearBalanceAmt |
| Contributions | $6,334,421 | ContributionsAmt |
| Investment Earnings Or Losses | $12,091,954 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,841,187 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $145,244 | AdministrativeExpensesAmt |
| End Year Balance | $130,845,536 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.7649 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.1518 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0833 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,852,103 | OtherCostOrOtherBasisAmt |
| Book Value | $9,852,103 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $200,890,800 | OtherCostOrOtherBasisAmt |
| Depreciation | $83,750,827 | DepreciationAmt |
| Book Value | $117,139,973 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $66,926,715 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,734,272 | DepreciationAmt |
| Book Value | $42,192,443 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,327,304 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,946,621 | DepreciationAmt |
| Book Value | $1,380,683 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,263,555 | OtherCostOrOtherBasisAmt |
| Depreciation | $246,791 | DepreciationAmt |
| Book Value | $1,016,764 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $171,581,966 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (13 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MULTI-STRATEGY EQUITY FUND | $30,023,515 | F |
| MULTI STRATEGY BOND FUND | $8,866,370 | F |
| GOVERNMENT MONEY MARKET FUND | $2,739,063 | F |
| LIMITED PARTNERSHIPS | $35,971,221 | F |
| CASH VALUE OF LIFE INSURANCE | $151,617 | F |
| R/E COMMERCIAL PROPERTY | $2,280,371 | F |
| MERGER ARBITRAGE FUND | $18,439,545 | F |
| CF STRATEGIC SOLUTIONS GLOBAL EQUITY | $71,000,084 | F |
| CF CREDIT SERIES | $13,026,348 | F |
| HIGH QUALITY BOND FUND | $11,692,935 | |
| SSGA S&P 500 INDEX NON-LENDING STRAT | $4,799,811 | |
| SSGA US AGGREGATE BOND INDEX NL STRAT | $2,158,311 | |
| SSGA MSCI ACWI EX USA INDEX NL QP STRAT | $1,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $202,649,191 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED POSTRETIREMENT BENEFIT | $8,344,000 |
| REFUNDABLE ADVANCES FROM U.S. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,344,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $151,717,585 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $43,226,122 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$56,376,714 | OtherRevenueAmt |
| Revenue Not Reported | -$13,150,592 | RevenueNotReportedAmt |
| Revenue Subtotal | $164,868,177 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$164,978 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$164,978 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $164,703,199 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $105,992,857 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $164,978 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $164,978 | ExpensesNotReportedAmt |
| Expenses Subtotal | $105,827,879 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $57,142,714 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $57,142,714 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $162,970,593 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE COLLEGE OPERATES A PUBLIC GALLERY NEAR ITS CAMPUS THAT IS OPEN TO BOTH STUDENTS AND TO THE GENERAL PUBLIC, FREE OF CHARGE. THE COLLEGE DOES NOT OWN ANY OF THE ARTWORK EXHIBITED IN THIS GALLERY BUT RECEIVES THESE PIECES FOR PUBLIC EXHIBITION. THE GALLERY IS INTENDED AS A VEHICLE TO INCREASE PUBLIC APPRECIATION OF ART AND TO ENHANCE THE STUDENT EDUCATIONAL EXPERIENCE. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE COLLEGE'S ENDOWMENT FUND IS INTENDED TO SUPPORT ITS EDUCATIONAL MISSION. PERMANENT ENDOWMENT FUNDS AND QUASI ENDOWMENT FUNDS WILL FUND STUDENT SCHOLARSHIPS, FACULTY SUPPORT, FACILITY ENHANCEMENTS, OPERATIONS AND OTHER STRATEGIC INITIATIVES. THE COLLEGE INTENDS ON KEEPING THE ENDOWMENT PRINCIPAL UNTOUCHED, WHILE USING ITS EARNINGS TO SATISFY THE ABOVE MENTIONED OBJECTIVES. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS. UNDER ASC 740, "INCOME TAXES", THE COLLEGE MUST RECOGNIZE A TAX LIABILITY ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE COLLEGE DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS TAKEN, AND ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS UNDER ASC 740. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Scholarship DISBURSEMENT - -57097202 Change in Post Retirement Benefit Obligation - 766000 - -45512 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Special Events & Gaming Direct Expenses - -164978 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Special Events & Gaming Direct Expenses - 164978 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Scholarship DISBURSEMENT - 57097202 Investment EXPENSES - 45512 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | THE COLLEGE INCLUDES A STATEMENT OF ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE, AS WELL AS IN STUDENT MATERIALS, AND EMPLOYEE JOB POSTINGS |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | THE COLLEGE RECEIVES GRANTS FOR RESEARCH , TRAINING, AND FINANCIAL AID FROM THE NATIONAL SCIENCE FOUNDATION , THE US DEPARTMENT OF EDUCATION AND VARIOUS OTHER FEDERAL AND NEW YORK STATE AGENCIES |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| MARTS & LUNDY | ||||||||
| 1200 WALL STREET WEST 5th FLOOR | LYNDHURST | NJ | 07071 | FUNDRAISING STRATEGIST | false | $0 | $29,400 | -$29,400 |
| CONCOURSE CONSULTING LLC | ||||||||
| 35 STURBRIDGE PLACE | SCARSDALE | NY | 10583 | FUNDRAISING | false | $0 | $12,000 | -$12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $41,400 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$41,400 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | IONA GALA | Event1Nm |
| Gross Receipts Event1 | $681,790 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $661,740 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $20,050 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $3,385 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $43,119 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $41,342 | OtherDirectExpensesEvent1Amt |
| Event2 | WINGED FOOT | Event2Nm |
| Gross Receipts Event2 | $222,395 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $139,515 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $82,880 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $55,349 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $21,783 | OtherDirectExpensesEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $904,185 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $801,255 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $102,930 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $58,734 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $43,119 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $63,125 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $164,978 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$62,048 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 2916 | RecipientCnt |
| Cash Grant | $57,097,202 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | IONA COLLEGE GIVES AID TO STUDENTS IN TWO BASIC FORMS: MERIT AID AND NEED BASED AID. THE AMOUNT OF MERIT AID A STUDENT RECEIVES IS BASED ON CUMULATIVE GRADE POINT AVERAGE (GPA) AND A RANGE OF MERIT AWARD LEVELS. NEED BASED AID IS DETERMINED BY UNMET NEED AS CCULATED BY THE COST OF ATTENDANCE LESS THE FEDERAL EXPECTED FAMILY CONTRIBUTION (EFC.) STUDENTS ARE GIVEN THESE AWARDS UPON ACCEPTANCE TO THE COLLEGE AND THE AWARDS ARE RENEWED ON AN ANNUAL BASIS ASSUMING THE STUDENT MEETS THE REQUIRED CUMULATIVE GPA AND THE NEED LEVEL AS DETERMINED BY FAFSA HAS NOT CHANGED. ALL SCHOLARSHIPS ISSUED BY THE COLLEGE ARE INTENDED TO BE USED TO DEFRAY TUITION COSTS AND ENABLE STUDENTS TO MATRICULATE AT IONA COLLEGE, THE STUDENT HAS NO DISCRETION ON HOW TO EXPEND THOSE FUNDS. ACCORDINGLY, THE COLLEGE DOES NOT FORMALLY MONITOR THE USE OF THE SCHOLARSHIP FUNDS SINCE IT IS REQUIRED THAT SUCH FUNDS BE USED TO OFFSET TUITION AND OTHER EDUCATIONALLY-RELATED COSTS. AS A NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA) DIVISION I INSTITUTION, IONA COLLEGE AWARDS RECRUITED (AND RETURNING) ATHLETES SCHOLARSHIPS AND GRANTS IN ACCORDANCE WITH NCAA GUIDELINES FOR FULL-RIDE OR EQUIVALENCY SPORT ALLOCATIONS. THESE AWARDS MAY COVER TUITION, FEES, ROOM, BOARD, BOOKS AND LIVING EXPENSES PER NCAA RULES AND COLLEGE BUDGET ALLOCATIONS. AWARDS ARE RENEWED BASED ON ACADEMIC PERFORMANCE, ATHLETIC PARTICIPATION, TEAM ROSTER NEEDS AND AVAILABLE FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR SEAMUS CAREY | ||||||||||||||
| PRESIDENT | $578,845 | $0 | $55,825 | $0 | $3,108 | $0 | $14,250 | $0 | $34,973 | $0 | $687,001 | $0 | $0 | $0 |
| ANNE MARIE SCHETTINI-LYNCH | ||||||||||||||
| SVP OF FIN & ADMINISTRATION | $296,788 | $0 | $317,715 | $0 | $14,093 | $0 | $17,219 | $0 | $3,995 | $0 | $649,810 | $0 | $0 | $0 |
| DARRELL WHEELER | ||||||||||||||
| PROVOST & SVP ACADEMIC AFFAIRS | $310,115 | $0 | $30,450 | $0 | $4,252 | $0 | $10,054 | $0 | $26,469 | $0 | $381,340 | $0 | $0 | $0 |
| MARY ELLEN CALLAGHAN | ||||||||||||||
| VP OF STRATEGIC INITIATIVES & BOARD SECRETARY | $214,700 | $0 | $18,727 | $0 | $1,029 | $0 | $20,871 | $0 | $6,187 | $0 | $261,514 | $0 | $0 | $0 |
| KATHLEEN MCELROY | ||||||||||||||
| GENERAL COUNSEL | $212,037 | $0 | $16,402 | $0 | $826 | $0 | $10,713 | $0 | $12,054 | $0 | $252,032 | $0 | $0 | $0 |
| RICHARD PITINO | ||||||||||||||
| MEN'S BASKETBALL COACH | $571,165 | $0 | $0 | $0 | $7,451 | $0 | $13,934 | $0 | $19,747 | $0 | $612,297 | $0 | $0 | $0 |
| TIMOTHY CLUESS | ||||||||||||||
| MEN'S BASKETBALL COACH | $523,747 | $0 | $0 | $0 | $4,232 | $0 | $21,375 | $0 | $2,966 | $0 | $552,320 | $0 | $0 | $0 |
| PAUL SUTERA | ||||||||||||||
| SVP ADVANCEMENT & EXTERNAL AFF | $265,064 | $0 | $21,069 | $0 | $630 | $0 | $20,640 | $0 | $36,809 | $0 | $344,212 | $0 | $0 | $0 |
| KEVIN OSULLIVAN | ||||||||||||||
| VICE PRESIDENT OF ENROLLMENT MANAGEMENT | $235,048 | $0 | $21,500 | $0 | $246 | $0 | $12,019 | $0 | $23,378 | $0 | $292,191 | $0 | $0 | $0 |
| VINCENT CALLUZZO | ||||||||||||||
| PROFESSOR | $233,160 | $0 | $0 | $0 | $6,276 | $0 | $22,643 | $0 | $2,298 | $0 | $264,377 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE COLLEGE PROVIDES THE PRESIDENT HOUSING ON THE COLLEGE'S CAMPUS FOR THE CONVENIENCE OF THE EMPLOYER (IONA COLLEGE) AND AS A CONDITION OF EMPLOYMENT. THE FAIR MARKET VALUE OF SUCH LODGING IS EXCLUDED FROM THE PRESIDENT'S TAXABLE INCOME AND IS NOT REPORTED ON FORM 990, SCHEDULE J, PART II, COLUMN (D) AS A NONTAXABLE BENEFIT. |
| Schedule J, Part I, Line 1a Personal services | THE COLLEGE PROVIDES DR. SEAMUS CAREY, PRESIDENT, WITH CUSTODIAL STAFF THAT CLEANS THE PORTION OF HIS HOUSE THAT IS USED FOR BUSINESS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| A | 146000293 | 649906P65 | 2012-08-01 | $31,366,862 | REFUNDING 2002 BOND/CONSTRUCTION | false | false | false |
| CITY OF NEW ROCHELLE CORP FOR LOCAL DEVELOPMENT | ||||||||
| B | 611721247 | 648535AS1 | 2015-05-06 | $49,537,981 | REFUNDING OF 2013 NROC BOND/CONSTRUCTION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capitalized InterestCapitalizedInterestAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $6,430,000 | $31,366,862 | $2,029,405 | $507,061 | $6,058,913 | $22,763,150 | 2013 | Yes (true) | false | Yes (true) | Yes (true) | |
| B | $3,555,000 | $49,537,981 | $2,946,436 | $773,080 | $35,524,155 | $8,186,545 | 2016 | Yes (true) | false | Yes (true) | Yes (true) | $2,107,765 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| B | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| B | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part IV, Line 2c COLUMN A | Issuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 12/31/2017 |
| Schedule K, Part IV, Line 2c COLUMN B | Issuer name: CITY OF NEW ROCHELLE CORP. FOR LOCAL DEVELOPMENT The calculation for computing no rebate due was performed on 05/05/2020 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 43 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,136,838 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 9 SCHEDULE M, PART I, LINE 9, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | As provided in Article VII, Section 6 of the By-Laws, The Executive Committee shall be composed of the President of the College, the Chair and Vice Chair of the Board of Trustees and all chairpersons of standing committees, The Chair of the Board of Trustees shall be the Chair of the Executive Committee. The Chair, after consultation with the President, may appoint any other member of the Board to serve on the Executive Committee. The Committee's responsibilities shall include the following: 1. Between meetings of the Board of Trustees, supervising the general property and business affairs of the College except, that unless specifically empowered by the Board of Trustees to do so, it may not take any action inconsistent with a prior act of the Board of Trustees, alter by-laws, remove or appoint the President of the College or take any action which has been reserved to the Board; 2. Convening the Committee upon the call of the Chair or, on the request of the President, or on the request of at least three (3) members of the Committee; and 3. Reporting to the Board all actions taken by the Executive Committee since the last meeting of the Board. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 IS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 IS CIRCULATED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER IS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO ITS ELECTRONIC FILING WITH THE IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | EACH TRUSTEE OF THE COLLEGE IS REQUIRED UPON APPOINTMENT AND ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS BY THE SECRETARY OF THE BOARD. The Secretary provides a copy of all completed statements to the Chair of the Audit, Compliance and Risk Committee and the Chair of the Board. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. Should a potential conflict arise, they are reviewed by the Audit, Compliance and Committee, which will attempt to resolve any actual or potential conflict and, in the absence of resolution, will refer the matter to the Board of Trustees for resolution. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL IS REASONABLE GIVEN THE MARKET IN WHICH THE COLLEGE OPERATES. IN RELEVANT PART, THE BOARD OF TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. CONTEMPORANEOUS SUBSTANTIATION FOR THE COMPENSATION REVIEW IS WITH THE COMPENSATION COMMITTEE MINUTES WHICH INCLUDES THE USE OF COMPARATIVE DATA AVAILABLE IN THE MARKET. THE PROCESS WAS MOST RECENTLY PERFORMED IN MAY 2021. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION DOES NOT ORDINARILY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, HOWEVER IF REQUESTED WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | All Other Revenue - Total Revenue: 346039, Related or Exempt Function Revenue: 346039, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Parking Fines - Total Revenue: 850, Related or Exempt Function Revenue: , Unrelated Business Revenue: 850, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION - 766000; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 748-754 NORTH AVENUE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 NORTH AVENUE | AddressLine1Txt |
| City | NEW ROCHELLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472478619 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $134,739 | TotalIncomeAmt |
| End Of Year Assets | $2,200,000 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IONA COLLEGE | BusinessNameLine1Txt |